Calculate the standard labour hour rate for workmen of Grade
III from the following data :
Basic pay Rs. 200 p.m.
D.A. Rs. 150 p.m.
Fringe Benefits Rs. 100 p.m.
Number of working days per year 300
Leave rules :
30 days P.L. with full pay
20 days S.L. with half pay
Usually sick leave is fully availed of.
What would be the labour cost per hour if no sick leave is availed
of during the year?
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